Transparency Market Research has launched a new market report
titled “Canned FruitsMarket - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”.
According to the
report the market was valued at USD 8,626.6 million in 2012 and is
expected to reach USD 10,827.7 million by 2019 estimated to grow at a
CAGR of 3.3% from 2013 to 2019.

The global market for canned fruits
witnessed growth in recent years due to rising demand for convenient
food. In addition, availability of
variety of products and cheap and environment friendly raw materials
are some of the other factors contributing towards market growth.
Stringent government regulations and availability of different
alternatives in the market for canned fruits are the major growth
barriers to the market.

Europe dominated this market and accounted
for over 40% share of the global demand in 2012 followed by North
America which accounted for over 30% share for the same year. In
the future, Asia Pacific is expected to be the most promising market
and is expected to exhibit the
fastest growth, with an estimated CAGR of 3.8% from 2013 to 2019.
Growing demand for increasing
spending habits, life quality, and changing trends in ethnicity are
the major factors contributing to the growth of canned fruits in this
region.

The global market for
canned fruits in 2012 was highly concentrated among the top three
players which accounted for 54% share of the market. There are also
many small and medium size players participating in the market.
Private labels of retailers also accounted for more than 30% share of
the market. Canned fruits either reach the producers directly through
the industry participants by distribution of their own brands, or
through integrated producers. In most of the cases, a wholesaler is
involved. The wholesaler buys products from several different
manufacturers and delivers those to retailers. Key
players of the market are Del Monte, Dole, Seneca, and Rhodes Food
Group among others.

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